Turnkey Duplex
13229 Le Grand Rd Le Grand, CA 95333
13229 Le Grand Rd, Le Grand, CA, 95333
$214,000
For Sale
$214,000
Duplex on one lot with two occupied units offering a 2-bed 1-bath and a 1-bed 1-bath layout.
Property Size630 SF
Price / SF$339.68
Days on Market49
Property Features for 13229 Le Grand Rd
General Information
- Standard status
- Active
- Size
- 630 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1965
Listing agency
eXp Realty of Greater Los Angeles, Inc
(559) 246-4905
Listed by
Marie Meza · License #01772801
(559) 246-4905
Source
Exitrealty
Added: Jun 5 Updated: Jul 23 at 6:13AM Checked: Jul 23 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Greater Los Angeles, Inc
Investment Insights
Based on property information with market context.
This turnkey duplex investment features two separate homes on one lot and is described as 100% occupied. Unit A is a 2-bedroom, 1-bath home, and Unit B is a 1-bedroom, 1-bath home. The property is presented with both units included.
According to the public remarks, the duplex is offered as a hassle-free setup intended to provide cash flow from day one.
The combined configuration includes two residential units with dedicated layouts for each home on the same property.
According to the public remarks, the duplex is offered as a hassle-free setup intended to provide cash flow from day one.
The combined configuration includes two residential units with dedicated layouts for each home on the same property.
Key Highlights
- Duplex on one lot with 2 occupied units and 100% occupancy
- Unit A: 2 bed, 1 bath home with 630 sq ft of living space
- Unit B: 1 bed, 1 bath home with 330 sq ft of living space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.5k | $19.80 |
| − Vacancy | −$686 | −$1.09 |
| EGI | $11.8k | $18.71 |
| − OpEx | −$3.5k | −$5.61 |
| NOI | $8.3k | $13.10 |
630 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$117.9K
$103.2K – $137.5K
NOI $8,252 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$109.5K
$95.8K – $127.7K
NOI $7,663 @ 7.0% cap · market cap 3.58%
Theoretical Best
Healthcare Medical
$139.0K
$121.6K – $162.2K
NOI $9,730 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex on one lot with two occupied units offering a 2-bed 1-bath and a 1-bed 1-bath layout.
Where is this duplex located?
The property is located at 13229 Le Grand Rd Le Grand, CA.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Duplex on one lot with 2 occupied units and 100% occupancy; Unit A: 2 bed, 1 bath home with 630 sq ft of living space; Unit B: 1 bed, 1 bath home with 330 sq ft of living space
